Hi All,
Time to pop my head up again and be bold.
Re S&P500.
I continue to use the 1929 to 1932 run down as a guide and it continues to work IMHO. Price has done a grand job of catching up to time.
I am going to call a low for 2008 of 636.25 - the 0.25 is important ;-) and expect it on/about 17th December followed by a Christmas rally possibly to mid February.
If the above comes to pass and the market heads back down in Feb then we are likely heading back to 1987 lows.
Cheers
Hi All,Time to pop my head up again and be bold.Re S&P500.I...
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Last
8,215.9 |
Change
22.500(0.27%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,193.4 | 8,239.4 | 8,193.4 |
| XJO (ASX) Chart |